BNP Paribas Arbitrage SA boosted its position in shares of Athene Holding Ltd. (NYSE:ATH) by 36,869.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 213,316 shares of the insurance provider’s stock after buying an additional 212,739 shares during the period. BNP Paribas Arbitrage SA owned about 0.21% of Athene Holding worth $10,583,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. CI Global Investments Inc. increased its position in shares of Athene Holding by 40.3% in the first quarter. CI Global Investments Inc. now owns 6,325,373 shares of the insurance provider’s stock worth $316,205,000 after buying an additional 1,816,836 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Athene Holding by 347.1% in the first quarter. Vanguard Group Inc. now owns 6,289,499 shares of the insurance provider’s stock worth $314,412,000 after buying an additional 4,882,626 shares in the last quarter. Neuberger Berman Group LLC increased its position in shares of Athene Holding by 80.9% in the first quarter. Neuberger Berman Group LLC now owns 4,135,006 shares of the insurance provider’s stock worth $206,709,000 after buying an additional 1,848,816 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Athene Holding by 4,704.2% in the first quarter. Wellington Management Group LLP now owns 2,922,894 shares of the insurance provider’s stock worth $146,115,000 after buying an additional 2,862,054 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Athene Holding by 38.5% in the second quarter. Bank of New York Mellon Corp now owns 2,699,724 shares of the insurance provider’s stock worth $133,933,000 after buying an additional 750,050 shares in the last quarter. Hedge funds and other institutional investors own 40.11% of the company’s stock.

Shares of Athene Holding Ltd. (NYSE ATH) opened at 51.66 on Monday. The company has a market cap of $6.17 billion and a P/E ratio of 8.19. Athene Holding Ltd. has a 52 week low of $43.25 and a 52 week high of $55.10. The firm has a 50-day moving average of $50.46 and a 200 day moving average of $50.98.

Athene Holding (NYSE:ATH) last released its quarterly earnings results on Wednesday, August 9th. The insurance provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.37. The firm had revenue of $821 million for the quarter, compared to the consensus estimate of $810.07 million. Equities analysts anticipate that Athene Holding Ltd. will post $5.11 earnings per share for the current fiscal year.

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A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Athene Holding from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Tuesday, May 16th. Keefe, Bruyette & Woods set a $59.00 target price on shares of Athene Holding and gave the stock a “buy” rating in a research note on Friday, August 11th. Sandler O’Neill raised shares of Athene Holding from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Royal Bank Of Canada boosted their price target on shares of Athene Holding from $59.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Finally, BMO Capital Markets reissued a “hold” rating and set a $62.00 price target on shares of Athene Holding in a research note on Friday, August 11th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Athene Holding currently has a consensus rating of “Buy” and an average price target of $57.50.

In other Athene Holding news, major shareholder Apollo Management Holdings Gp, sold 7,602,830 shares of the firm’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $49.00, for a total transaction of $372,538,670.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.60% of the stock is currently owned by company insiders.

About Athene Holding

Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.

Institutional Ownership by Quarter for Athene Holding (NYSE:ATH)

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